Retail Property on Tunnel Road

For Sale

1297 Tunnel Rd, Asheville, NC 28805

This Asheville property for sale is located at 1297 Tunnel Rd. The general use of Retail Property on Tunnel Road is retail and it incorporates 3,404 square feet of class C retail space. The current listed sale price for Retail Property on Tunnel Road is $750,000. Retail Property on Tunnel Road is situated on a lot that is 0.73 acre in size.

Contacts

Scott Raines

Dewey Property Advisors

Property Details

  • Property Type Retail - Freestanding
  • Property Size 3,404 SF
  • Lot Size 0.73 Acre
  • Building Class C
  • Year Built 1985
  • Date Updated Apr 24, 2026
Located at 1297 Tunnel Road in East Asheville, this commercial land opportunity sits along one of the city’s most active retail and commuter corridors. Tunnel Road (US-70) is a major four-lane arterial just minutes from downtown Asheville and offers quick access to I-240 and I-40, connecting the site to the broader Asheville market and surrounding mountain communities. The property is positioned within a dense commercial district surrounded by national retailers, restaurants, shopping centers, and high-density residential neighborhoods, and is near prominent destinations such as the Asheville Mall.Prime retail property opportunity available for sale or lease at 1297 Tunnel Road in East Asheville, offering excellent visibility and direct frontage along one of the area’s busiest commercial corridors. This highly accessible site provides strong daily traffic counts and convenient connectivity to both Interstate 240 and Interstate 40, placing it just minutes from Downtown Asheville. Positioned within Asheville’s primary retail trade area near Asheville Mall, the site benefits from strong co-tenancy with national retailers, restaurants, and surrounding residential density. Ideal for a bank, quick-service restaurant, medical, retail, or service-oriented user, this pad offers a rare opportunity to establish a presence along the high-traffic Tunnel Road corridor. *Though the property is not located in the flood zone, there was significant flooding from Helene. Internal work needs to be done.Prime retail pad opportunity available for sale or lease at 1297 Tunnel Road in East Asheville, offering excellent visibility and direct frontage along one of the area’s busiest commercial corridors. This highly accessible site provides strong daily traffic counts and convenient connectivity to both Interstate 240 and Interstate 40, placing it just minutes from Downtown Asheville. Positioned within Asheville’s primary retail trade area near Asheville Mall, the site benefits from strong co-tenancy with national retailers, restaurants, and surrounding residential density. Ideal for a bank, quick-service restaurant, medical retail, or service-oriented user, this pad offers a rare opportunity to establish a presence along the high-traffic Tunnel Road corridor with flexible sale or ground lease options.
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Highlights

  • 22,000 VPD on Tunnel Road
  • 65,000 VPD on I-40 at the Exit
  • Abundant parking
  • High traffic, high visibility location

Attachments

Getting around

  • 46/100

    Walk Score ®

  • 30/100

    Transit Score ®

  • 40/100

    Bike Score ®

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Location

  • City Asheville, NC
  • Neighborhood Azalea
  • Zip Code 28805
  • Market Asheville

Points of Interest

  • Ingles Gas Express

    0.93 miles

  • Enmark

    1.92 miles

  • Shell

    2.08 miles

  • Quality Plus

    2.35 miles

  • Sunoco

    2.72 miles

  • Gas Express

    3.62 miles

  • Greenlots

    4.55 miles

  • Tesla Supercharger

    8.32 miles

  • EVgo

    8.45 miles

  • Tesla Destination Charger

    8.46 miles

  • Haw Creek Park Parking lot

    1.88 miles

  • Lower Carson Lot

    2.47 miles

  • Spidel and Carson Staff Lot

    2.47 miles

  • Ballfield Lot

    2.54 miles

  • The Dust Bowl

    2.64 miles

  • Staff Parking

    2.72 miles

  • Biltmore Avenue Parking Garage

    4.52 miles

  • Rankin Avenue Garage

    4.69 miles

  • Sears Alley Public Parking Deck

    4.72 miles

  • Civic Center Garage

    4.73 miles

  • Cocula

    0.00 miles

  • Bojangles'

    0.10 miles

  • Arby's

    0.15 miles

  • Domino's

    0.18 miles

  • Zaxby's

    0.30 miles

  • Mamas & Beer

    0.66 miles

  • East Village Grille

    0.86 miles

  • Pizza Hut

    0.98 miles

  • McDonald's

    0.98 miles

  • Pomodoros Greek & Itallian East

    1.18 miles

  • Ingles

    0.93 miles

  • Foreign Affairs

    2.15 miles

  • Hopey & Co Grocery

    2.21 miles

  • ALDI

    2.27 miles

  • Kohl's

    2.45 miles

  • Walmart Supercenter

    2.57 miles

  • Ross

    2.79 miles

  • TJ Maxx

    2.83 miles

  • Whole Foods Market

    2.90 miles

  • Target

    2.95 miles

Contact Listing Broker
Scott Raines

Dewey Property Advisors

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